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Energy / Energy-General

American Jet Fuel Finally Sees Covid Rebound

Jun 24, 2024 at 16:06 | Alex Kimani

Last week, crude oil futures finished the week higher on indications of stronger U.S. demand and a rising perception of risk from a wider Middle East conflict that could endanger…

Business World Begins U-Turn on Climate Targets

Jun 24, 2024 at 14:17 | Irina Slav

Barely a couple of years ago, setting climate targets and emission reduction plans was de rigueur in the business world. There was a veritable race to out-target competitors in order…

Why U.S. Diesel Demand Is Underwhelming

Jun 24, 2024 at 11:53 | Tsvetana Paraskova

Lackluster diesel demand in the United States has weighed on oil market sentiment and oil prices in recent months. U.S. diesel demand has been underwhelming so far this year. Alongside 

British Banks Have Abandoned North Sea Oil

Jun 24, 2024 at 10:27 | Alex Kimani

Virtually all British banks have stopped financing smaller independent oil and gas producers, responsible for the bulk of output and investment in the North Sea, Neptune Energy has revealed. Changes in the…

The Looming Decline of Advanced Economies

Jun 24, 2024 at 07:14 | Gail Tverberg

It may be pleasant to think that the economies that are “on top” now will stay on top forever, but it is doubtful that this is the way the economy…

SpaceX Leads the Way in Sustainable Space Exploration

Jun 24, 2024 at 07:08 | ZeroHedge

As of early last week, Elon Musk's SpaceX had completed 356 launches, 319 landings, and 290 relights, according to flight data from Fox News

Citi Forecasts Oil Price Drop to $60s by 2025

Jun 21, 2024 at 09:16 | Tsvetana Paraskova

Citi predicts that oil prices will plummet to the $60s range by 2025 as inventories build following a tight market this summer, signaling a bearish outlook despite current robust demand…

Canada Looks to Challenge China’s Rare Earth Dominance

Jun 21, 2024 at 09:11 | ZeroHedge

Via SchiffGold.com, China’s recent attempt to secure a rare earth minerals stockpile ended in failure when a competitor stepped in to snag the deal… Vital…

Renewable Energy Projects Stalled by Transformer Shortage in the U.S.

Jun 21, 2024 at 09:08 | Metal Miner

Via Metal Miner The Renewables MMI (Monthly Metals Index) witnessed more notable declines month-over-month than last month’s MMI,…

Rolls Royce Sees Market Cap Soar to $50 Billion as Travel Picks Up

Jun 21, 2024 at 08:11 | City A.M

Rolls-Royce has cemented its status as a darling of the London Stock Exchange after its value passed £40bn for the first time ever. The Derby-headquartered aerospace giant has…

UK’s New 210 MW Docklands Datacenter Gets the Green Light

Jun 21, 2024 at 08:06 | City A.M

London’s Royal Docks in Newham is set to house a new data centre, powering the rising demand for artificial intelligence (AI) in the capital. Ada Infrastructure, the data centre arm…

Supply Concerns and Demand Optimism Are Boosting Oil Prices

Jun 21, 2024 at 07:52 | Michael Kern

Oil prices surged this week as hurricane season began, demand improved, and both U.S. crude and gasoline inventories fell. Rising geopolitical risk around the world only added to bullish sentiment.

Houthi Attacks Elevate Insurance Rates for Commercial Vessels

Jun 21, 2024 at 07:40 | ZeroHedge

Iran-backed Houthi rebels have been intensifying missile and drone attacks, targeting commercial vessels in the southern Red Sea, critical Bab el-Mandeb chokepoint, and the Gulf of Aden. The…

South Korea Warns Russia Over Military Pact with North Korea

Jun 21, 2024 at 07:35 | RFE/RL staff

Russia's Ambassador to Seoul, Georgy Zinoviev, was summoned to the South Korean Foreign Ministry on June 21 to protest a defense deal signed earlier this week by Russian…

Oil Prices Surge on Falling Inventories and Rising Geopolitical Tensions

Jun 21, 2024 at 06:26 | Editorial Dept

Oil futures have surged sharply this week, driven by a significant draw in U.S. crude inventories and signs of a cooling job market that have fueled hopes of a potential…

Oil Prices Climb Out of Contango as Summer Demand Kicks In

Jun 21, 2024 at 06:22 | Editorial Dept

1. Summer Demand Finally Kicks In, Lifting Oil Prices Out of Contango - The summer rally of the…

A Powerful Family Army Is Forming in Eastern Libya

Jun 21, 2024 at 06:20 | Editorial Dept

Politics, Geopolitics & Conflict The Sudanese government has accused the UAE of supplying weapons to the rival paramilitary force with whom the government has been engaged in a bloody civil…

Why The IEA’s “Peak Oil” Forecast May Be Good for Energy Investors

Jun 21, 2024 at 06:18 | Editorial Dept

This week, the International Energy Agency (IEA) issued a report predicting that “peak oil” the all time high point in oil demand, will come as soon as 2029. My first…

Fears of an Israel-Hezbollah War Leave Oil Markets on Edge

Jun 21, 2024 at 06:15 | Editorial Dept

While Putin was hoping his visit to Kim Jun-Il and a timely defense pact with North Korea would create more of a fuss in the media, center stage…

Houthis Release Dramatic Video Of Bulk Carrier Being Blown Apart In Red Sea

Jun 20, 2024 at 15:49 | ZeroHedge

"The US has committed a substantial military force at great financial cost to protecting the Red Sea. Our protective effort is failing and flailing," David Asher, a senior fellow at…

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